Question

Which of the following statements about ‘Electoral Bonds’ is/are correct?
1. These bonds can be purchased from any scheduled commercial bank of India.
2. The electoral bond is available in the denomination Rs. 500.
Select the correct answer using the code given below:

”चुनावी बॉन्ड्स” के बारे में निम्नलिखित में से कौन सा/से कथन सही है / हैं?
1. ये बांड भारत के किसी भी अनुसूचित वाणिज्यिक बैंक से खरीदे जा सकते हैं।
2. चुनावी बॉन्ड 500 रुपये के मूल्यवर्ग में उपलब्ध है।
नीचे दिए गए कूट का उपयोग करके सही उत्तर चुनें:

• A. 1 only
  
  केवल 1
• B. 2 only
  
  केवल 2
• C. Both 1 and 2
  
  1 और 2 दोनों
• D. Neither 1 nor 2
  
  न तो 1 और न ही 2

Answer 1

The correct option is D Neither 1 nor 2


न तो 1 और न ही 2
ELECTORAL BONDS

STATEMENT 1 is incorrect: The electoral bonds are available at specified branches of the State Bank of India (SBI) for 10 days each in the months designated by the government from time to time.

STATEMENT 2 is incorrect: The electoral bond is not available in the denomination of Rs 500. These electoral bonds is available in the denomination of Rs. 1,000, Rs. 10,000, Rs. 1 lac, Rs. 10 lacs and Rs. 1 crore.

So Option(D) is correct.

The bonds may be bought for any value, in multiples of $\$$1,000, $\$$10,000, $\$$1 lakh, $\$$10 lakh or $\$$1 crore. They can be bought by the donor with a KYC-compliant account. Donors can donate the bonds to their party of choice which can then be cashed in via the party's verified account within 15 days.

Every party that is registered under section 29A of the Representation of the Peoples Act, 1951 (43 of 1951) and has secured at least one per cent of the votes polled in the most recent Lok Sabha or State election will be allotted a verified account by the Election Commission of India. Electoral bond transactions can be made only via this account.

Context: The Election Commission of India, in an affidavit filed in the court, said the electoral bonds had made political funding opaque and would have “serious repercussions on transparency of political funding” owing to its anonymous nature.

Related Topics: Representation of the Peoples Act, 1951

चुनावी बांड्स

कथन 1 गलत है:

सरकार द्वारा समय-समय पर निर्दिष्ट महीनों में प्रत्येक दिन 10 दिनों के लिए भारतीय स्टेट बैंक (एसबीआई) की निर्दिष्ट शाखाओं पर चुनावी बांड उपलब्ध होते हैं।

कथन 2 गलत है:चुनावी बॉन्ड 500 रुपये के मूल्यवर्ग में उपलब्ध नहीं है।ये चुनावी बॉन्ड उपलब्ध हैं। रु 1,000, रु10,000, रु1 लाख, रु10 लाख और रु1 करोड़ के मूल्यवर्ग में उपलब्ध होते हैं